Wednesday, September 25, 2013

US Shouldn’t Privatize Post Office Just Yet

http://baylorlariat.com/2013/09/24/viewpoint-us-shouldnt-privatize-post-office-just-yet/
This week, Britain announced that it would soon be privatizing its postal service, the Royal Mail.
Estimated to be worth nearly 3 billion pounds ($4.8 billion dollars), the Royal Mail will begin selling shares of stock to potential investors sometime in the next few weeks. 
While it remains to be seen whether or not this is a smart move for Britain, the United States should think twice before following its lead.